REG - Concurrent Tech. - Issue of Share Options and PDMR Dealing

Concurrent TechnologiesAnnouncement

23/11/2021 07:10

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RNS Number : 2487T  Concurrent Technologies PLC  23 November 2021

23 November 2021

 

Concurrent Technologies Plc

(the 'Company')

 

Issue of Share options and PDMR dealing

 

The Board of Concurrent Technologies Plc (AIM:CNC) announces that, on 22
November, the Company granted share options (the "Share Options") over 512,826
ordinary shares of 1p each in the share capital of the Company to 7 employees,
including certain persons discharging managerial responsibilities, as detailed
below.

The Share Options are granted under the new Concurrent Technologies Plc Long
Term Incentive Plan and have an exercise price of 1 pence and are subject to
performance conditions linked to the average basic earnings per Ordinary
Share for the complete years commencing with 1(st) January 2022 and ending
with the year ending 31(st) December 2024.

 

Enquiries:

 

 Concurrent Technologies Plc
 Miles Adcock - CEO

                              +44 (0)1206 752626
 Jonathan Martin - CFO

 Newgate (Financial PR)
 Bob Huxford

                              +44 (0)20 7653 9848
 Isabelle Smurfit
+44 (0)20 3757 3411

 Cenkos Securities Plc (NOMAD)  +44 (0)131 220 9771
 Neil McDonald

                              +44 (0)131 220 9772
 Peter Lynch

 

Note to Editors:

 

About Concurrent Technologies Plc

 

Concurrent Technologies Plc develops and manufactures high-end embedded
computer products for use in a wide range of high-performance, long-life cycle
applications within the telecommunications, defence, security, telemetry,
scientific and aerospace markets, including applications within extremely
harsh environments. The processor products feature Intel(®) processors,
including the latest 11(th) generation embedded Intel(®) Core™,
Intel(® )Xeon(®) and Intel Atom(®) processors. The products are designed
to be compliant with industry specifications and support many of today's
leading embedded Operating Systems. The products are sold world-wide.

 

For more information on Concurrent Technologies Plc and its products please
visit www.gocct.com.

 

All trademarks, registered trademarks and trade names used in this
announcement are the property of their respective owners.

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Miles Adcock
 2.  Reason for the Notification
 a)  Position/status                                              Director
 b)  Initial notification/amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Concurrent Technologies Plc
 b)  LEI                                                          213800422HXP2X6UPD94
 4.  Details of the transaction(s):section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv)each place
     where transactions have been conducted
 a)  Description of the Financial instrument, type of instrument  Ordinary shares of 1 pence each
     Identification code                                          GB0002183191
 b)  Nature of the Transaction                                    Grant of Share Options under the Long Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)                       Volume(s)
     1.0 pence                                                                                   288,235 ordinary shares
 d)  Aggregated information                                       N/A - Single Transaction

     Aggregated volume price
 e)  Date of the transaction                                      22 November 2021
 f)  Place of the transaction                                     Outside a trading venue

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Brent Salgat
 2.  Reason for the Notification
 a)  Position/status                                              Director
 b)  Initial notification/amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Concurrent Technologies Plc
 b)  LEI                                                          213800422HXP2X6UPD94
 4.  Details of the transaction(s):section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv)each place
     where transactions have been conducted
 a)  Description of the Financial instrument, type of instrument  Ordinary shares of 1 pence each
     Identification code                                          GB0002183191
 b)  Nature of the Transaction                                    Grant of Share Options under the Long Term Incentive Plan
 c)  Price(s) and volume(s)                                       Price(s)                       Volume(s)
     1.0 pence                                                                                   82,789 ordinary shares
 d)  Aggregated information                                       N/A - Single Transaction

     Aggregated volume price
 e)  Date of the transaction                                      22 November 2021
 f)  Place of the transaction                                     Outside a trading venue

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         John Martin
 2.  Reason for the Notification
 a)  Position/status                                              Director
 b)  Initial notification/amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Concurrent Technologies Plc
 b)  LEI                                                          213800422HXP2X6UPD94
 4.  Details of the transaction(s):section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv)each place
     where transactions have been conducted
 a)  Description of the Financial instrument, type of instrument  Ordinary shares of 1 pence each
     Identification code                                          GB0002183191
 b)  Nature of the Transaction                                    Grant of Share Options under the Long Term Inventive Plan
 c)  Price(s) and volume(s)                                       Price(s)                       Volume(s)
     1.0 pence                                                                                   36,765 ordinary shares
 d)  Aggregated information                                       N/A - Single Transaction

     Aggregated volume price
 e)  Date of the transaction                                      22 November 2021
 f)  Place of the transaction                                     Outside a trading venue

 

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